cybercrime
Healthcare under attack! 89% of organizations experienced data breaches
It’s a turbulent time for the healthcare industry: patient data is under siege and hospitals are big targets for cyber attacks, according to the Ponemon Institute. Mistakes …
Impact of security breaches on consumer trust
High-profile data breaches are negatively impacting consumer trust in major brands, according to a new FireEye report. 76 percent of respondents would likely take their …
Liberty Reserve founder sentenced to 20 years for money laundering
Arthur Budovsky was sentenced in the Southern District of New York to 20 years imprisonment for running a massive money laundering enterprise through his company Liberty …
Jaku botnet hides targeted attacks within generic botnet noise
Botnets are usually created by cyber criminals that use them to launch DDoS attacks, deliver spam, effect click fraud. The recently discovered Jaku botnet can effectively do …
Online transaction fraud to reach $25 billion by 2020
Online transaction fraud is expected to reach $25.6 billion by 2020, up from $10.7 billion last year, according to Juniper Research. This means that by the end of the decade, …
Cybercriminals filtering out victims by location
There’s a growing trend among cybercriminals to target and even filter out specific countries when designing ransomware, according to SophosLabs. To lure more victims …
Screen overlay Android malware is on the rise
As predicted, the ability to lay screens over legitimate (e.g. banking) apps is becoming a crucial feature for the success of Android malware. The capability was first seen in …
The economics of hacking: Change your thinking
If you saw the film Wall Street, you undoubtedly recall the iconic character Gordon Gekko famously stating, “what’s worth doing is worth doing for money.” This perspective is …
Bangladesh Bank hackers compromised SWIFT software with bespoke malware
Bit by bit, indications about how the attackers who targeted Bangladesh’s central bank managed to take off with some $80 milllion (of the nearly $1 billion they aimed …
Attackers opt for discreet methods to spy inside the network
For its latest report, Vectra analyzed data from 120 customer networks comprised of more than 1.3 million hosts over the first quarter of 2016. All organizations showed signs …
Exploit kits: The rise in user-friendly malware
In past years, we’re seen a massive increase in the use of exploit kits. No website is too great to withstand the many powerful kits, with the Mail Online famously …
A global data analysis of hostile activity
Solutionary’s latest Global Threat Intelligence Report contains information from 24 security operations centers, seven R&D centers, 3.5 trillion logs, 6.2 billion …
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